Current:Home > News1 icon, 6 shoes, $8 million: An auction of Michael Jordan’s championship sneakers sets a record -Achieve Wealth Network
1 icon, 6 shoes, $8 million: An auction of Michael Jordan’s championship sneakers sets a record
View
Date:2025-04-20 08:57:34
NEW YORK (AP) — A collection of sneakers that superstar Michael Jordan wore as he and the Chicago Bulls won six NBA championships has fetched $8 million at auction, setting a new record for game-worn sneakers, Sotheby’s said.
The six Air Jordan shoes — one apiece from the last games of the 1991, 1992, 1993, 1996, 1997 and 1998 championship series — sold Friday. Sotheby’s dubbed it the “Dynasty Collection.”
“Serving as both a reminder of Michael Jordan’s lasting impact on the world and a tangible expression of his recognized legendary status, its significance is further validated by this monumental result,” Brahm Wachter of Sotheby’s said in a statement. Wachter oversees modern collectables for the auction house.
Sotheby’s didn’t identify the buyer and described the seller only as “a private American collector” who obtained them from a longtime Bulls executive.
Jordan first gave a sneaker to the executive after the championship-winning game in 1991 and continued the tradition afterward, according to Sotheby’s. The auction lot included photos of Jordan wearing a single shoe as he celebrated the 1992, 1993, 1996 and 1998 wins.
A five-time league MVP and two-time Olympic gold medalist, Jordan was so singular a player that then-NBA Commissioner David Stern in 1992 called him “the standard by which basketball excellence is measured.” The NBA renamed its MVP trophy for Jordan in 2022.
He also helped shake up the athletic shoe industry and supercharge sneaker culture by teaming up with Nike to create Air Jordans in the mid-1980s.
The pair he wore in the second game of the 1998 NBA Finals was sold through Sotheby’s last April for $2.2 million, a record for a pair of sneakers. The highest auction price for any Jordan memorabilia was $10.1 million for his jersey from the first game at that series, according to Sotheby’s, which sold it 2022.
Simply an unused ticket to Jordan’s 1984 debut with the Bulls was sold through Heritage Auctions in 2022 for $468,000 — over 55,000 times the face value.
veryGood! (3)
Related
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Minnesota man arrested after allegedly threatening to ‘shoot up’ synagogue
- Helene victims face another worry: Bears
- Rake it or leave it? What gross stuff may be hiding under those piles on your lawn?
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- North Carolina residents impacted by Helene likely to see some voting changes
- Supreme Court won’t hear appeal from Elon Musk’s X platform over warrant in Trump case
- When do new episodes of 'Love is Blind' come out? Day, time, cast, where to watch
- Buckingham Palace staff under investigation for 'bar brawl'
- TikToker Taylor Rousseau Grigg’s Husband Speaks Out After Her Death
Ranking
- South Korean president's party divided over defiant martial law speech
- The Biden administration isn’t extending a two-year program for migrants from 4 nations
- Two Mississippi Delta health centers awarded competitive federal grant for maternal care
- Andrew Garfield Reveals Sex Scene With Florence Pugh Went “Further” Than Intended
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Meals on Wheels rolling at 50, bringing food, connections, sunshine to seniors
- Kansas City small businesses thank Taylor Swift for economic boom: 'She changed our lives'
- Chicago mayor names new school board after entire panel resigns amid a fight over district control
Recommendation
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
South Korean woman sues government and adoption agency after her kidnapped daughter was sent abroad
Social media users dub Musk as 'energetic' and 'cringe' at Trump's Butler, PA rally
Tia Mowry Shares Update on Her Dating Life After Cory Hardrict Divorce
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
Milton strengthens again, now a Cat 4 hurricane aiming at Florida: Live updates
US disaster relief chief blasts false claims about Helene response as a ‘truly dangerous narrative’
Anti-Israel protesters pitch encampment outside Jewish Democrat’s Ohio home